Engineering Economics
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?

P 6,222.39
P 6,999.39
P 6,292.93
P 6,922.93

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Engineering Economics
The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected?

P 19,624.49
P 19,122.15
P 19,423.69
P 19,518.03

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Engineering Economics
Which is true about partnership?

It can be handed down from one generation of partners to another.
It will be dissolved if one of the partners ceases to be connected with the partnership.
It has a perpetual life.
Its capitalization must be equal for each partner.

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Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the knowledge of the product
the single vendor gets the absolute franchise of the product
the single vendor is the only one who has the permit to sell
the single vendor can prevent the entry of all other vendors in the market

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